<http://www.nytimes.com/interactive/2011/07/28/us/charting-the-american-debt-crisis.html?hp#panel/how-bond-rates-could-rise>
Note that ALL FIVE countries above America on the S&P Sovereign debt chart: offer Universal Health Care to their citizens have active state involvement in maintaining healthy manufacturing sectors 4 of the 5 have higher income tax rates than the US <http://en.wikipedia.org/wiki/File:Income_Taxes_By_Country.svg> 4 of the 5 have markedly higher levels of union membership than the US. <http://tinyurl.com/6zxljn> The only holdout is Hong Kong, where unions not controlled by the government are outlawed.) 2 of the 5 (most notably Sweden which, for your information, Francis, is what a *real* socialist country looks like) have higher GDP per capita than the US. <http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita> 4 of the 5 have a lower GINI coefficient than the US (which measures income inequality...meaning that MORE people are well off per capita) <http://en.wikipedia.org/wiki/File:Gini_Coefficient_World_CIA_Report_2009.png> All 5 are considered BETTER investments than the US by bond traders. Apparently socialism is better capitalism than what the US practices. -- Bruce Johnson University of Arizona College of Pharmacy Information Technology Group Institutions do not have opinions, merely customs -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/stratalist-ot?hl=en.
